Friday, March 28, 2008

$200-MM AFFORDABLE HOMES PROJECT GOING FORWARD

697 new homes, including senior rentals and for-sale townhouses, apartments and condos, will be going up in a revitalized neighborhood along a 27-acre stretch between Seacrest Boulevard and Federal Highway from 9th to 11th avenues. 10% would be subsidized with taxpayer money. Construction will begin in the spring of 2010; it may take up to six years to complete the project. First a 6500 sq ft senior center and 160 senior rentals will be built. There will be 7-story condo buildings for 300 units built along Federal Highway. There will be 32,600 sq ft of retail space. A development has been proposed for a mix of 84 for-sale town homes and 56 income-restricted rental apartments on the east and west side of Seacrest Boulevard between 7th and 8th Avenues.

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